The general administration of customs released the foreign trades of the first seven months this year on August 8, 2017. According to the customs statistics, in the first seven months of 2017, gross import and export value amounted 15.46 trillion yuan, compared with the same time last year (deduction of the exchange rate factor. similarly hereinafter) increased by 18.5%. Of which, exports 8.53 trillion yuan, increased 14.4%; imports 6.93 trillion yuan, increased 24%. Accumulation trade surplus attained 1.6 trillion yuan, decreased 14.5%.
In July, the customs statistical data demonstrated that gross imports and exports achieved 2.32 trillion yuan, increased 12.7% year-on-year. Of which, exports attained 1.32 trillion yuan, increased 11.2%; imports attained 1 trillion yuan, increased 14.7%. The trade surplus attained 321.2 billion yuan, increased 1.4%. By the same period last year, the base of the factors such as raising the impact of July import and export growth rate in June fell back.